Goldman Sachs plans bearish notes linked to euro for Eksportfinans

By Susanna Moon

Chicago, Oct. 18 - Eksportfinans ASA plans to price 0% currency-linked notes tied to the bearish performance of the euro relative to the dollar, according to a 424B2 filing with the Securities and Exchange Commission.

Goldman Sachs & Co. is the underwriter.

The payout at maturity will be par plus the absolute value of any currency decline, up to a maximum settlement amount of $1,077.50 to $1,087.50 per $1,000 principal amount.

If the currency gains, investors may lose up to 3.25% and 4.25%, based on the return.

The exact deal terms will be set at pricing.

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